Kefi Gold And Copper Share Discussion Threads

[theaviator] 29/5/2021 14:14

I really hope so mate.

[scrappycat] 29/5/2021 13:47

Ta,

It is not that I dislike one iota what you say. You are perfectly entitled to think, and say, what you wish. I simply do not agree with some of it. Where I don't, I will say so, and why. I think the mine will open, and not because I am a Harry lover. However, he does know the Ethiopians, and that is where the mine is to be located. No choice on that. Whosoever opens it will have to live with that, but opened it will be is my belief, and has been for years.

P.S. I have invested in AIM shares for years, and agree with cutandpolished, 10 years is about par for the course in my experience with mining developments - plus, of course, many dilutions to raise cash.

[scrappycat] 29/5/2021 12:08

Ta,

For you, it seems there is a skeleton in every AIM mining cupboard. The simple fact, is that the Kefi reserves have been established by a JORC assessment, and they are where they are. The world NEEDS the Copper, and the world wants the gold. Ergo, the mine will open imo.

Furthermore, everyone needs some cash to live on, but the board have taken a significant proportion of their Kefi earnings in shares. As for Harry, he would had to be a fortune teller of some note to have predicted developments in Ethiopia over the past few years. Even having a Nobel Peace Prize winning President does not seem to have stabilized things.

Your friend can say/think what he likes, but in the end, it is opinion, not fact. As you well know, AIM shares always carry a risk/reward element.

[cutandpolished61] 29/5/2021 11:51

It's a known fact that it will take 10 years give or take to get a mine started from scratch in any jurisdiction.

[cutandpolished61] 29/5/2021 11:48

Not correct in this case. Emed was a Kefi shareholder and H was on the Kefi board. You have to go further back to find out how H got involved with Kefi. He not just picked a 3rd world mining area. Bureaucracy is certainly a massive challenge for this project. Corruption is another massive setback. 350000 artisan gold miners in Ethiopia. Imagine how much bribes they have to pay to get a permit to dig a hole. They must have a factory producing nothing but brown envelopes.

[jlwilliams] 29/5/2021 11:47

Aviator, its a fair point, but how many new discoveries, small companies, are in "developed" countries. Exploration by definition pushes the boundaries..... falklands oil, anything deep see.... artic/antarctic..... space....

[theaviator] 29/5/2021 11:33

Not a ditty from Saudi either even though it's certainly not 3rd world BUT things only happen there when the Sheik decides eh. Convenient... "B b b but the asset is huge and price of copper flying." This the kind of BS ramping you hear..I've found some gold in a beautiful & remote little island in the middle of the Caribbean sea..I'll need 200k a year salary to keep me negotiating with the chief of the island and will have to keep raising to keep the lights on. It'll be worth it though I promise and they truly dont mind a stranger like me in their village... LOL Any takers??!!10 years of nothingness here. There perhaps comes a point where we see things for what they really are and not what we are told them to be??..1month....

[theaviator] 29/5/2021 11:18

Was chatting to a friend who works for a big blue chip mining major last night and he made a point about many aim & penny mining shares..Arry could have picked non 3rd world juristictions but so many of them choose these because it gives them a path for beaurocratic reasoning and blame to be pointed that easily prolongs due process and keeps these companies ticking along for years without doing to much. Mug PIs fund them they take salaries and all cushdie. Last chance for Harry. Enough enough and I do think we should try to oust him if fails this time.

[gibrewog] 28/5/2021 20:51

Is the delay in the issue of positive news all part of the grand plan to help the current Ethiopian government issue a statement at the appropriate time to assist in their campaign for re-election? I hope so.

[cutandpolished61] 28/5/2021 20:46

I get the feeling we need a local at the helm to get this over the line. H has done his job and he is overstaying his welcome. To me it feels now like a repeat of the EMED saga. Bragging about an influx of news and updates during May and coming up with absolute nothing doesn't butter my parsnips.

[sussexlibran1] 28/5/2021 17:14

@taxlosstone - bloody brilliant!

[theaviator] 28/5/2021 16:36

Lol estseon

[riotinted_specs] 28/5/2021 14:17

Gold at 1902.60 amd rising quickly a weekly close above 1900 will be the best news on Gold we have had since the long consolidation began August of last year. Harrys timing could be impeccable ne it genius or luck I do not care. Come on Gold

[estseon] 28/5/2021 14:06

whu

the $60m includes the $50m spent by Nyota drilling the damned deposit. Those figures have been reviewed and agreed.

[riotinted_specs] 28/5/2021 14:06

Hmmm looks like a very attractive buying opportunity, likely the the last chance to buy a cats whisker under 2p

[1airbag] 28/5/2021 13:57

Did Harry ever get the finance sorted in Africa as promised by end of March?

[jon9911] 28/5/2021 13:44

RAB Capital have a person on the board so they should have full knowledge of what is going on.
We should all know where we are in the next 2 weeks.
Either long term holders have been taken for a ride or they are smart investors in a company with a golden future.